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Park City And Beyond Blog

09/28/2021
Park City Real Estate

Weekly Park City Update September 20 – 26, 2021

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According to Bob Beemis, MLS Director for Park City Board of Realtors; “All three of our major weekly stats, New, Pending and Closed listings, continue to drop compared to 2020 during the week of September 20th to 26th. That makes...

09/14/2021
Park City Real Estate

Weekly Park City Update September 6 to September 12, 2021

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All three of our major weekly stats, New, Pending and Closed listings, dropped AGAIN last week compared to the previous week. According to Bob Beemis, MLS Director for the Park City Multiple Listing Service: “That makes six weeks in a...

09/1/2021
Park City Real Estate

Weekly Park City Update August 23rd to August 29th

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All three of our major weekly stats for the week of August 23rd to August 29th, (New, Pending, and Closed listings), dropped AGAIN this week compared to the previous one. That’s only the fifth time this year that has happened....

07/26/2021
Park City Real Estate

Weekly Park City Update July 19th to 25th

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The state holiday of Pioneer Day on July 24th saw many businesses take Friday the 23rd off. However, that also provided a three-day holiday for many and the town was bustling with visitors. Last week 115 new properties were listed...

07/19/2021
Park City Real Estate

Weekly Park City Update July 12th to 18th

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The numbers do not lie – June 2021 was the largest month in history for real estate sales and volume (all Brokerages) in the State of Utah. There were 4,105 properties sold throughout the State for a total sales volume...

07/6/2021
Park City Real Estate

Weekly Park City Update June 28th to July 4th

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Last week was the fourth week in a row (and sixth in the past seven) the new listing count on the Park City Multiple Listing Service failed to reach or exceed last year’s count for the same week. According to...

06/28/2021
Park City Real Estate

Weekly Park City Update June 21st to 27th

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On June 25th, Bob Beemis Park City MLS Director reported that “for the third week in a row (and fifth in the past six) our new listing count failed to reach or exceed last year’s count for the same week....

06/23/2021
Park City Real Estate

Are we in a Housing Bubble?

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Are We in a Housing Bubble? 10 Signs of a Bubble and What They Mean Rapidly Rising Prices – This is the main reason everyone is afraid we are in a bubble. Prices are climbing because demand is way up...

06/7/2021
Park City Real Estate

Weekly Park City Update for May 30th to June 6th

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As of June 4th, according to Park City MLS Director, Bob Beemis, “Year to date we are 17% ahead of last year’s pace of new listings. That’s good news. BUT our closing rate is 80% ahead of last year. Month...

05/24/2021
Park City Real Estate

Park City Update – Week of May 17th to May 23rd

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Although new properties are coming to market, the standing inventory is flat – up one unit last week but down by 16 since mid-March. Prices remain high, days on market low, and demand continues to outstrip supply. Of the 93...